Signé W: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Signé W
Largest movements
- Cash +€21,642
up €21,642 (+34.2%), from €63,296 to €84,937
mainly Other debts (+€35,922) and Net result for the year (+€25,367)
- Tangible fixed assets -€4,197
down €4,197 (-47.1%), from €8,911 to €4,714
- Deferred charges and accrued income -€1,993
down €1,993 (-37.1%), from €5,378 to €3,385
- Other debts +€35,922
up €35,922 (+366%), from €9,806 to €45,728
- Reserves -€20,361
down €20,361 (-37.7%), from €53,993 to €33,631
- Gross operating margin +€6,543
up €6,543 (+20.8%), from €31,420 to €37,963
- Taxes +€1,158
up €1,158 (+19.9%), from €5,819 to €6,977
- Depreciation +€546
up €546 (+14.9%), from €3,651 to €4,197
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €81,765 | €97,527 | +€15,763 | +19.3% |
| Fixed assets | 21/28 | €8,911 | €4,714 | -€4,197 | -47.1% |
| Tangible fixed assets | 22/27 | €8,911 | €4,714 | -€4,197 | -47.1% |
| Furniture and vehicles | 24 | €8,911 | €4,714 | -€4,197 | -47.1% |
| Current assets | 29/58 | €72,854 | €92,813 | +€19,959 | +27.4% |
| Amounts receivable within one year | 40/41 | €4,181 | €4,491 | +€311 | +7.4% |
| Other amounts receivable | 41 | €4,181 | €4,491 | +€311 | +7.4% |
| Cash at bank and in hand | 54/58 | €63,296 | €84,937 | +€21,642 | +34.2% |
| Deferred charges and accrued income | 490/1 | €5,378 | €3,385 | -€1,993 | -37.1% |
| Total equity and liabilities | 10/49 | €81,765 | €97,527 | +€15,763 | +19.3% |
| Equity | 10/15 | €54,993 | €34,631 | -€20,361 | -37.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €53,993 | €33,631 | -€20,361 | -37.7% |
| Distributable reserves | 133 | €53,993 | €33,631 | -€20,361 | -37.7% |
| Amounts payable | 17/49 | €26,772 | €62,896 | +€36,124 | +135% |
| Amounts payable within one year | 42/48 | €26,772 | €62,896 | +€36,124 | +135% |
| Trade debts | 44 | €3,916 | €3,806 | -€110 | -2.8% |
| Suppliers | 440/4 | €3,916 | €3,806 | -€110 | -2.8% |
| Taxes, remuneration and social security | 45 | €13,050 | €13,362 | +€313 | +2.4% |
| Taxes | 450/3 | €13,050 | €13,362 | +€313 | +2.4% |
| Other amounts payable | 47/48 | €9,806 | €45,728 | +€35,922 | +366% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,651 | €4,197 | +€546 | +14.9% |
| Other operating charges | 640/8 | €967 | €989 | +€22 | +2.3% |
| Gross operating margin | 9900 | €31,420 | €37,963 | +€6,543 | +20.8% |
| Operating profit (loss) | 9901 | €26,803 | €32,777 | +€5,975 | +22.3% |
| Financial income | 75/76B | - | €173 | +€173 | |
| Recurring financial income | 75 | - | €173 | +€173 | |
| Financial charges | 65/66B | €622 | €606 | -€15 | -2.5% |
| Recurring financial charges | 65 | €622 | €606 | -€15 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | €26,181 | €32,344 | +€6,163 | +23.5% |
| Income taxes | 67/77 | €5,819 | €6,977 | +€1,158 | +19.9% |
| Profit (loss) for the period | 9904 | €20,361 | €25,367 | +€5,005 | +24.6% |
| Profit (loss) for the period to be appropriated | 9905 | €20,361 | €25,367 | +€5,005 | +24.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.